Teague, a 6-foot-2 point guard from Pike High School in Indianapolis, is ranked the nation's No. 2 2011 prospect by Rivals.com and No. 1 at his position. Gilchrist, a 6-6 player from St. Patrick High School in New Jersey, is the No. 3 overall prospect and No. 1 small forward. The 6-9 Davis, of Chicago's Perspectives Charter School, is ranked No. 6 overall and No. 2 among power forwards.

The other finalists are Duke signee Austin Rivers, a Florida shooting guard who is Rivals' No. 1 overall prospect, and North Carolina signee James McAdoo, a Virginia power forward who is ranked No. 8.

All five players have also been selected recently to compete in this spring's McDonald's and Jordan Brand All-American games.

The Naismith winner will be officially announced on March 21 at a banquet sponsored by the Atlanta Tip-Off Club.

Ohio State freshman Jared Sullinger was last year's winner, and the list of past winners includes Dwight Howard, LeBron James, Kobe Bryant and Jason Kidd.